What is the fee difference between COPP and COPX?

COPP charges 0.66% a year and COPX charges 0.65%. On $10,000 invested that is about $66 a year for COPP and $65 for COPX, a gap of around $1. Both fees are typical for a specialist commodity-equity ETF and considerably higher than broad market index funds, so cost is not the deciding factor between them.

What index does each fund track?

COPP tracks the Nasdaq Sprott Copper Miners Index, which currently has 88 constituents including a physical copper trust. COPX tracks the Solactive Global Copper Miners index from Stuttgart-based Solactive, with 47 holdings. Both select companies that mine copper worldwide, but they weight them differently and COPX includes large diversified miners.

How much do the holdings of COPP and COPX overlap?

Seven companies appear in both top-ten lists: Freeport-McMoRan, Teck Resources, Antofagasta, Hudbay Minerals, Southern Copper, First Quantum and KGHM. The weights differ a lot. Freeport-McMoRan is 23.9% of COPP but only 4.9% of COPX, whose top holding is Hudbay at 5.7%. COPX also holds BHP, Glencore and Boliden, while COPP includes Lundin, Capstone and the Sprott Physical Copper Trust.

Which fund pays more in dividends?

COPX has a dividend yield of 2.22%, compared with 1.93% for COPP. Mining companies pay variable dividends that rise and fall with commodity prices, so both yields can change quickly. Neither fund is designed for income; the yield is a by-product of holding cash-generating producers.

Which fund suits which investment goal?

COPP suits investors who want the widest list of copper names, a heavy Freeport-McMoRan weighting and a slice of physical copper through the Sprott trust. COPX suits investors who want a large, long-established copper miners fund with more even weights and lower single-stock risk. Both are concentrated sector bets.

How do COPP and COPX compare on size and liquidity?

COPX is far larger with about $7.4 billion in net assets, compared with about $284 million for COPP, roughly 26 times the size. Larger funds usually trade with tighter bid-ask spreads and higher daily volume, so COPX is generally the easier of the two to trade in size.

How concentrated is each fund?

COPP is much more concentrated at the top: Freeport-McMoRan alone is 23.9% and Teck Resources 10.2%, so two stocks make up about a third of the fund. COPX's largest holding is Hudbay at 5.7% and its top ten are all between 4.3% and 5.7%. COPP has more holdings overall, 88 versus 47, but a heavier head.

Are there tax differences between COPP and COPX?

Both are US-listed ETFs that pay dividends, so non-US investors generally face US withholding tax on distributions at a treaty-dependent rate. Both also hold many foreign-listed miners, whose dividends may be subject to withholding before they reach the fund. Tax rules vary by country and account type, so check what applies to you.

Can I hold both COPP and COPX?

You can, but the two share seven of their ten largest holdings, so combining them mostly adds Freeport-McMoRan weight rather than new diversification. Both are single-commodity sector funds, and holding both keeps a portfolio heavily tied to the copper price. One fund is usually enough for a copper allocation.

COPP vs COPX

Two funds, one decision: we compare cost, performance and what each ETF actually holds in September 2026.

COPP tracks the Nasdaq Sprott Copper Miners Index with 88 holdings for 0.66% a year and has $284 million in assets. COPX tracks a Solactive global copper miners index with 47 holdings for 0.65% and has $7.4 billion. COPP suits investors who want a heavy Freeport-McMoRan weighting; COPX suits those who want the larger, more established fund. Educational content, not financial advice.

Fund Snapshot

Key Fund Metrics

COPP

Metric

COPX

0.66%

Expense Ratio

0.65%

1.93%

Dividend Yield

2.22%

$284.39M

Net Assets

$7.43B

Holdings

Mar 5, 2024

Inception Date

Apr 19, 2010

Nasdaq Sprott Copper Miners Index

Index Tracked

Stuttgart Solactive AG Global Copper Miners

Natural Resources

Fund Category

Natural Resources

COPX costs about $1.00 less per year for every $10,000 invested.

Shared Top Holdings

Holding	COPP	COPX
FCXFreeport-McMoRan Inc.	23.93%	4.93%
LON: ANTOAntofagasta plc	8.01%	4.51%
TSX: HBMHudbay Minerals Inc.	5.18%	5.66%
SCCOSouthern Copper Corporation	4.70%	5.00%
TSX: FMFirst Quantum Minerals Ltd.	4.70%	5.14%
WSE: KGHKGHM Polska Miedz S.A.	4.66%	4.65%

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COPP vs ICOP

Compare COPP and ICOP ETFs by examining fees, holdings, and dividends. Review expense ratios and net assets to assess tracking and performance factors.

Investment Analysis

COPP

Pros

88 holdings give broader coverage of copper producers than COPX's 47
Large 23.9% position in Freeport-McMoRan for investors who want the biggest US producer
Includes the Sprott Physical Copper Trust, adding direct metal exposure alongside miners

Considerations

Small fund at $284 million, so spreads can be wider than on COPX
Young fund, launched in March 2024, with a short track record
Nearly a quarter of assets in one stock creates single-company concentration

COPX

Pros

Large, established fund at $7.4 billion, trading since April 2010
Expense ratio of 0.65% is marginally lower than COPP's 0.66%
Higher dividend yield of 2.22% versus 1.93% for COPP

Considerations

Only 47 holdings, so fewer companies than COPP
Top holdings trade on Toronto, Sydney, London and Stockholm exchanges, not just US markets
Includes diversified miners such as BHP and Glencore, so exposure is not purely copper

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About COPP and COPX

COPP (COPP)

COPP (ticker COPP) is presented here as a ticker-only reference — the company name or listing details were not provided. Investors should first verify the issuer, exchange and full company name before making any decisions. This summary highlights the general factors an investor would typically consider: the business model, revenue sources, profitability, balance sheet strength, cash flow, management track record, industry dynamics and regulatory or commodity exposure. Check market capitalisation and trading liquidity to assess suitability for your portfolio. Look for recent financial reports, analyst coverage and material news that could move the share price. This information is educational and general in nature — not personalised investment advice. Investing carries risks: values can rise and fall, and past performance is not a reliable guide to future returns. If you are unsure whether this stock suits your situation, consider seeking regulated financial advice.

COPX (COPX)

Global X Copper Miners ETF (COPX) offers investors a focused way to gain exposure to companies involved in the discovery, extraction and production of copper. The fund concentrates on mining firms whose earnings are closely tied to copper prices, so performance tends to track the commodity’s cycles rather than broad equity markets. Copper demand is supported by electrification, electric vehicles, renewable-energy infrastructure and general industrial activity, which can be constructive for miners over time. However, returns can be volatile: miner profits depend on commodity prices, operational risks, capital intensity, and geopolitical or permitting issues in producing regions. COPX may suit investors seeking thematic or tactical exposure to copper rather than a core, diversified holding. Always consider fees, tax treatment and how this commodity-linked ETF fits within your overall risk profile — and remember that past performance is no guarantee of future results. This is educational information, not personalised advice.

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COPP vs COPX

Fund Snapshot

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Investment Analysis

COPP

Pros

Considerations

COPX

Pros

Considerations

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Buy COPP or COPX in Nemo

Zero Commission

Trusted & Regulated

6% Interest on Cash

Frequently asked questions

What is the fee difference between COPP and COPX?

What index does each fund track?

How much do the holdings of COPP and COPX overlap?

Which fund pays more in dividends?

Which fund suits which investment goal?

How do COPP and COPX compare on size and liquidity?

How concentrated is each fund?

Are there tax differences between COPP and COPX?

Can I hold both COPP and COPX?

Fund Snapshot

About COPP and COPX

Which Baskets Do They Appear In?

Paper Vs. Physical

Which Baskets Do They Appear In?

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